Thailand

Thailand would be a major draw for foreign investors were it to legalize its casino industry and would likely provide significant competition for other regional jurisdictions, according to panelists at the recent ASEAN Gaming Summit.

 

Thailand would be a major draw for foreign investors were it to legalize its casino industry and would likely provide significant competition for other regional jurisdictions, according to panelists at the recent ASEAN Gaming Summit. The Southeast Asian country already has well-established tourist infrastructure pulling in more than 32 million visitors a year, though the real draw would be if locals were allowed to gamble.

 



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Thai Foreign Minister Don Pramudwinai said the ministry has not written to authorities in neighbouring Cambodia regarding a disputed border casino,The Nation reports.

Thai government efforts to reform its multi-billion dollar state lottery appear to be making little headway, with experts saying some of the fundamental problems are unlikely to be resolved until an online system is introduced.

Gaming addiction is viewed as a major challenge across Asia, with growing access to online and mobile gaming raising the risk for problem behaviour, researchers say.

 

Gaming addiction is viewed as a major challenge across Asia, with growing access to online and mobile gaming raising the risk for problem behaviour, researchers say. Concern over problem gambling is often cited as a key reason why regional governments ban access to casinos for their residents and how to effectively tackle the issue may play a role in shaping future legislation.



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Four South Korean men have been arrested in Thailand for allegedly operating an online gaming operation from a rented house in Pattaya.

Thai government efforts to reform its multi-billion dollar state lottery appear to be making little headway, with experts saying some of the fundamental problems are unlikely to be resolved until an online system is introduced.

 

Thai government efforts to reform its multi-billion dollar state lottery appear to be making little headway, with experts saying some of the fundamental problems are unlikely to be resolved until an online system is introduced. The military government, under Prime Minister Prayut Chan-o-cha, promised to overhaul the lottery to break the power of powerful distribution syndicates, known as the Five Tigers, and bring down ticket prices, but so far it has not been successful.

 



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The passing of Thailand’s King Bhumibol Adulyadej on Thursday will have implications both near and long term for the gaming industry, said Union Gaming.

Over 60 percent of respondents to a recent online poll have said the Thai government lottery is not worth playing.

The UEFA Euro 2016 soccer championship looked set to fuel a spike in gambling among Thai youth, despite a police crackdown and a government campaign to discourage illegal gambling.

Thailand’s Ministry of Finance is expected to submit a lottery bill which will allow online lottery and require lottery vendors to have licenses, Thai PBS reports.

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